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Vegetable prices skyrocket: inflation fears loom | India Development Debate

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EP1300 - Vegetable prices skyrocket: inflation fears loom | India Development Debate
18 OCTOBER 2021 11:03 IST | ET NOW | 23 MIN 05 SEC
With the festive season upon us, prices of vegetables like onion, tomatoes, coriander have shot up due to festive demand as well as erratic rains in Maharashtra and other parts of the country. Fuel prices, too, have skyrocketed with retail prices crossing the triple-digit number in most states. It remains to be seen how the prices will fare closer to Diwali. Inflation continues to be a major concern for the Finance Ministry, as government measures to rein in food prices, such as import duty cuts on edible oil, could impact revenues by Rs. 17,000 crores. On the India Development Debate, we bring you a 360-degree perspective of the on-ground situation along with the most definitive expert takes from Rahul Bajoria, Chief India Economist, Barclays, Upasna Bhardwaj, Sr. Economist, Kotak Mahindra Bank and Mythili Bhusnurmath, Consulting Editor, ET NOW.
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